Finance

BP Markowitz Statement on Passing of Congressman Major Owens
Finance

BP Markowitz Statement on Passing of Congressman Major Owens

October 25, 2013   “Congressman Major Owens was an intellectual giant in public service and a true believer that government exists to advance the quality of life for its residents. He will be dearly missed by all Brooklynites, especially those who were fortunate enough to benefit from his leadership. Jamie and I extend our condolences…

Raising Water  Rates Again is Unacceptable
Finance

Raising Water Rates Again is Unacceptable

October 22, 2013 By Manhattan Borough President Scott Stringer  New York, NY — “The announcement that New Yorkers will be burdened with another water rate increase is unacceptable and unsustainable. “Water infrastructure, like roads, rails, energy, and airports, must be funded from Washington, as well as from Albany and New York City. The U.S. government…

NYS Revenue Increasing
Finance

NYS Revenue Increasing

September 24, 2013 By Stephanie West Albany, NY – Tax revenues for the first five months of the state fiscal year were $69.8 million over updated budget projections, according to the August cash report recently released by New York State Comptroller Thomas P. DiNapoli. Year-to-date tax collections are up 10.3 percent from the same period…

Federal Legislative Update
Finance

Federal Legislative Update

September 23, 2013 By Stephanie West Washington, DC – H.J. Res 59 keeps funding through December 15th at a level of $986.3 billion that assumes a continuation of the across-the-board spending cuts known as sequestration. House Democrats oppose the $986 billion level as too low and both House and Senate Democrats solidly reject the attempt…

Feeling confident that your organization is operating efficiently? Not so fast!
Finance

Feeling confident that your organization is operating efficiently? Not so fast!

September 17, 2013 By Salvatore J. Armao, CPA/PFS, CFP, CFE You’ve had your financial statements audited or reviewed. So now you feel confident that your organization is operating efficiently, is protected from misappropriation of assets and serious accounting errors and that you are in compliance with government filing requirements and regulations. Maybe not.

Farmers Need Support
Finance

Farmers Need Support

September 13, 2013 By Congressman Paul Tonko The Farm Bill is set to expire at the end of September. That means, if Congress doesn’t act now, the law reverts back to what it used to be in the 1930's and 1940's! And, even more problematic, are the 3-4 million Americans who will be forced off…

AFL-CIO Housing Trust Generates Union Jobs In Chicago
Finance

AFL-CIO Housing Trust Generates Union Jobs In Chicago

August 28, 2013 By Neal Tepel Chicago, Ill. –  One of the many projects of the AFL-CIO Housing Investment Trust (HIT) is the rehabilitation of a 26-story residential tower on Chicago's Near South Side at 2101 South Michigan Avenue.  The work on the aging property will generate approximately 245 union construction jobs for the 250-unit…

NYS Common Retirement Fund Results
Finance

NYS Common Retirement Fund Results

August 21, 2013 By Stephanie West Albany NY – The New York State Common Retirement Fund’s (Fund) overall rate of return for the first quarter ending June 30, 2013, was 0.29 percent, according to New York State Comptroller Thomas P. DiNapoli. The Fund’s estimated value at the end of the first quarter of its fiscal…

Detroit Bankruptcy-What’s Really Behind it?
Finance

Detroit Bankruptcy-What’s Really Behind it?

August 7, 2013 By Steve Weiner In recent years, there have been huge attempts by corporate America and some state governments to blame the country’s economic woes on what they deceitfully describe as the “outrageous” demands by workers—especially public employees—for decent wages, health insurance, and pensions.

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